Bitcoin ETF inflows resume amid renewed investor optimism in BTC

U.S. spot Bitcoin exchange-traded funds saw renewed inflows on Nov. 27 as investor sentiment toward the flagship cryptocurrency improved, driven by Bitcoin’s rally toward the $100K milestone.

According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $103.09 million in inflows on Nov. 27, ending two consecutive days of outflows during which over $561 million exited the funds.

Bitwise’s BITB led the inflows with $48.05 million, followed closely by Fidelity’s FBTC, which reported $40.24 million in inflows. Grayscale Bitcoin Mini Trust and Franklin Templeton’s EZBC contributed $11.99 million and $2.81 million, respectively.

The remaining eight Bitcoin ETFs recorded no flows on the day.

The total trading volume for the 12 Bitcoin ETFs reached $4.59 billion on Nov. 27, consistent with the previous day’s activity.

Bitcoin ETFs resumed inflows as investor sentiment turned positive, with profit-taking appearing subdued as investors sought to push Bitcoin toward the $100K milestone.

Bitcoin (BTC) was up 3% over the past 24 hours, trading at $95,484 after briefly retesting the $97K level earlier in the day. This rally was supported by $56.85 million in Bitcoin short liquidations during the same period.

Meanwhile, the nine spot Ethereum ETFs recorded their fourth consecutive day of inflows on Nov. 27, with $90.1 million entering the funds.

Fidelity’s FETH led Ethereum inflows with $38.01 million, followed by Grayscale Mini Ethereum Trust with $37.29 million. VanEck’s ETHV and Bitwise’s ETHW contributed $13.25 million and $1.56 million, respectively.

None of the Ethereum ETFs reported outflows on the day.

Ethereum (ETH) also experienced a price surge, rising 5.2% over the past day to $3,598 per coin at press time.